15992 Lawrence DrMojaveCA93501
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Mojave at 15992 Lawrence Dr, Mojave, CA, 93501 uses $76,245 cash to close to unlock $10,475/yr annual cash flow and $873/mo monthly cash flow. Total monthly income runs $2,296/mo, and a $1,126/mo payment keeps the spread at $873/mo. Purchase price stands at $230,000, and rental yield measures 11.98% with $2,296/mo rent. Return on cash invested shows 33.65% in year one, and 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 176.52% and total cumulative return in cash records $134,587. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,296/mo property income covering a $1,126/mo payment rather than investor’s personal income.
Single Family
Built in 1957
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93501, Mojave, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,459 (100%) |
| Owner Occupied HU | 1,003 (40.8%) |
| Renter Occupied HU | 1,091 (44.4%) |
| Vacant Housing Units | 365 (14.8%) |
| Median Home Value | $270,270 |
| Average Home Value | $383,186 |
Housing Distribution
Address Breakdown
Residential
2,374
Single Family
2,323
Multi-Family
51
Businesses
226
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Listed by: Mary Johnson • Keller Williams Realty A.V.
Mls Name: GAVAR
Mls ID: #25006292